As tenants in common, will marriage override the different % of each spouse for the family home?
My girlfriend and I are buying a house together in Vancouver. I am contributing 70% of the purchase price while she ‘s contributing 30%. We will be tenants in common and this different percentage of ownership (70/30) will be written in our land title.
Then one month after the purchase of this property, we will get married and move in there together. In this case, will our marriage override the different % of each spouse? Will this property be divided by 50/50 should we seperate and divorce ?
Tenant Asked on May 18, 2023 in Real Estate.